summary
Introduced
01/19/2017
01/19/2017
In Committee
02/13/2017
02/13/2017
Crossed Over
01/28/2017
01/28/2017
Passed
Dead
03/18/2017
03/18/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO TAXATION; PROVIDING FOR EXTENSION OF THE DISTRIBUTION OF LIQUOR EXCISE TAX REVENUES TO THE LOTTERY TUITION FUND AND REDUCTION OF THE PERCENTAGE OF NET RECEIPTS DISTRIBUTED TO THIRTY PERCENT.
AI Summary
This bill extends the distribution of liquor excise tax revenues to the Lottery Tuition Fund from June 30, 2017 to June 30, 2020. It also reduces the percentage of net receipts distributed to the Lottery Tuition Fund from 39% to 30% during this period.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (2)
Last Action
[LD 28] Referred to Senate Finance (on 02/13/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=237&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0237.pdf |
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